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Deductions & credits
Q. Am i able to use my 2019 income for my EIC credit?
A. Yes
- Earned income lookback rule: For tax year 2021, the taxpayer may elect to look back two years and use 2019 earned income instead of 2021 earned income for purposes of calculating the credit. This is optional and can be used if the 2019 earnings will increase the amount of credit that can be claimed. Reference: https://proconnect.intuit.com/taxprocenter/tax-law-and-news/earned-income-credit-tax-law-changes-for...
I have Desktop (download) TT Deluxe and it is working properly. To get the page to make the 2019 selection,
In TurboTax (TT), enter at:
Federal Taxes Tab (Personal for H&B version)
Deductions & Credits
-Scroll down to:
-You and your family
--Earned Income Credit
‎February 18, 2022
1:17 PM